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1126 BOURBON AVENUE
About This Property
The Archer II is a single-story floor plan that combines comfort, functionality, and modern style. Featuring 3 bedrooms and 2 bathrooms, this home provides plenty of space for families, guests, or a home office. The open-concept layout connects the kitchen, dining, and great room, creating a welcoming space that's perfect for entertaining or everyday living. The primary suite is tucked away at the rear of the home, offering a private retreat with a walk-in closet and a spacious bathroom with dual sinks and quartz countertops. Two additional bedrooms and a full bathroom at the front of the home add flexibility for family or guests. The kitchen includes a large island with seating, quartz countertops, and a generous walk-in pantry, all overlooking the main living areas. Sliding glass doors lead to the rear patio, extending your living space outdoors. This community offers resort-style living with amenities for everyone, including a sparkling pool, fitness room, playground, dog park, and both pickleball and tennis courts. Residents can also enjoy friendly competition at the beach volleyball and basketball courts, creating the perfect blend of relaxation and recreation.
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 16, 2026 | Sold | ||
| Sold | |||
| Aug 4, 2026 | In contract | - | |
| In contract | |||
| Jul 30, 2026 | Price Decreased |
$319,000
↓ $2K
(0.6%) | |
| Price Decreased | |||
| Jul 27, 2026 | Listed by D.R. HORTON REALTY OF SARASOTA | $320,990 | |
| Listed by D.R. HORTON REALTY OF SARASOTA | |||
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About Manatee
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017